Mitch's Weekly Market Report
Indianapolis, IN 46239
Condos/Townhomes
ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Indianapolis, IN 46239
Tue Apr 28 2026
This week the median list price for Indianapolis, IN 46239 is $287,495 with the market action index hovering around 38. This is less than last month's market action index of 48. Inventory has decreased to 3.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $287,495 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $147 | |
| Average Days on Market | 131 | |
| Median Days on Market | 126 | |
| Price Decreased | 67% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 38 | |
| Slight Seller's Advantage | ||
We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $299,500 | 2,025 | 0.25 - 0.5 acre | 3 | 2.5 | 2 | 0 | 1 | 126 |
| $287,495 | 1,537 | 6,500 - 8,000 sqft | 2 | 2 | 5 | 0 | 0 | 182 |
| $190,000 | 1,602 | 0 - 4,500 sqft | 4 | 3 | 19 | 0 | 0 | 84 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |